SP500 LDN TRADING UPDATE 8/12/25
***QUOTING ES1 CONTRACT FOR CASH US500 EQUIVALENT LEVELS SUBTRACT POINTS DIFFERENCE***
***WEEKLY ACTION AREA VIDEO TO FOLLOW AHEAD OF NY OPEN***
WEEKLY BULL BEAR ZONE 6840/50
WEEKLY RANGE RES 6978 SUP 6778
DEC EOM STRADDLE 6631/7067
DEC QOPEX STRADDLE 7025/6303
The SPX aggregate gamma flip point is 6780, whereas we are currently at a relative peak around 6950. This indicates that dealers are typically backing the price and will be applying brakes as it fluctuates up and down.
DAILY VWAP BULLISH 6861
WEEKLY VWAP BEARISH 6747
MONTHLY VWAP BULLISH 6761
DAILY STRUCTURE – ONE TIME FRAMING HIGHER - 6866
WEEKLY STRUCTURE – ONE TIME FRAMING HIGHER - 6812
MONTHLY STRUCTURE – BALANCE - 6952/6539
Balance: This refers to a market condition where prices move within a defined range, reflecting uncertainty as participants await further market-generated information. Our approach to balance includes favoring fade trades at the range extremes (highs/lows) while preparing for potential breakout scenarios if the balance shifts.
One-Time Framing Up (OTFU): This represents a market trend where each successive bar forms a higher low, signaling a strong and consistent upward movement.
One-Time Framing Down (OTFD): This describes a market trend where each successive bar forms a lower high, indicating a pronounced and steady downward movement.
***MUST READ TACTICAL UPDATE FROM CITADEL'S RUBNER ON YEAR END TACTICS*** https://www.tickmill.com/blog/institutional-insights-citadel-tactical-update-into-year-end
Disclaimer: The material provided is for information purposes only and should not be considered as investment advice. The views, information, or opinions expressed in the text belong solely to the author, and not to the author’s employer, organization, committee or other group or individual or company.
Past performance is not indicative of future results.
High Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% and 72% of retail investor accounts lose money when trading CFDs with Tickmill UK Ltd and Tickmill Europe Ltd respectively. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Futures and Options: Trading futures and options on margin carries a high degree of risk and may result in losses exceeding your initial investment. These products are not suitable for all investors. Ensure you fully understand the risks and take appropriate care to manage your risk.
Patrick has been involved in the financial markets for well over a decade as a self-educated professional trader and money manager. Flitting between the roles of market commentator, analyst and mentor, Patrick has improved the technical skills and psychological stance of literally hundreds of traders – coaching them to become savvy market operators!